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2017-02-18 Tax Law (Questions About Taxes) - self employment/busness: which income tax schedules needed?:

Roland,    Thanks for your question.    Report he income on Schedule C. If he has any expenses, they can be deducted there. Schedule SE is also needed. However, not all of it will be subject to the Social

2017-02-17 Tax Law (Questions About Taxes) - non-deductible contr to sep ira:

Trey,    Thanks for your question.     You need to be aware that, even though your plan is characterized as a type of IRA, it is, in actuality, an employer-sponsored retirement plan. Therefore, the usual

2017-02-16 German Law - German land title / US citizens:

Hello Rick,    the "Erbscheinantrag" actually is something different, it's a request with the local court in Germany to be appointed as official heirs. To file that request, however, the documents you

2017-02-16 Tax Law (Questions About Taxes) - loans:

Crystal,    Thanks for your question.    The bottom line is that this is a loan on your personal residence with the proceeds not used to buy, build, or improve said residence. As such the interest is not

2017-02-15 Tax Law (Questions About Taxes) - gifting question:

Greg,    Thanks for your question.    Since it was under the limit, and no return was filed, it shouldn't be an issue. However, the return of the gift could give rise to questions if it was truly given

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